Provide policy recommendation that would mitigate the impact

Assignment Help Microeconomics

Reference no: EM133673063

Discussion Post: Business Finance- Management

You identified risks and discussed possible mitigations. Once risks are identified, the next step is to determine how likely these risks are to happen, and why.

Review the tasks in Domains III: Risk Analysis and Domain IV: Risk Response, of the PMI Risk Management Professional (PMI-RMP) Examination Content Outline and Specifications.

Respond to the following in a minimum of 175 words:

Select one task from Domain III and one task from Domain IV. Explain why that task is important to the overall project risk planning. What tools or resources could assist with each task?

Assignment

Read the Sandora Company Case Study (Kerzner, 2022).

You are assigned to replace the existing project manager in charge of the Sandora product line. You understand there are issues with outsourcing manufacturing to overseas suppliers, which have been exasperated by current business and political conditions. Your first assignment is to perform a risk analysis on the existing project based on the enterprise environmental factors identified by the consulting company in the case.

Assume the product cost of goods sold (COGS) is $100, the retail price is $500, and the consumer demand is approximately 1,000 units per day. With full staff and inventory, Sandora can build 1,500 units per day running 3 shifts.

Write a 2- to 3-page risk analysis and remediation/risk reduction plan describing your findings and your plan as you would present it to management stakeholders (C-level, division heads, etc.). Do the following in your risk analysis and remediation plan?

A. Summarize the possible risks identified.

B. Based on these risks, assess the value and potential impact to the organization.

C. Indicate which metrics might be useful in this scenario.

D. Provide policy recommendations that would mitigate the impact of these risks, and explain how you would convert these policies into processes.

Review Domain III and Domain IV in (PMI) Risk Management Professional (PMI-RMP)® Examination Content Outline and Specifications.

Reference no: EM133673063

Questions Cloud

Stock selections by his environmental principles : Mandeep is a young investor whose key objective is long-term growth, but is constrained in his stock selections by his environmental principles.

Without providing procedural due process : School attendance has been identified as a property right that cannot be denied a student without providing procedural due process.

Employer can highlight the at-will nature of employment : Employer's can highlight the at-will nature of employment in a variety of documents

What is investigation : What is an investigation? What is a token and what types of tokens exist? What is a data source?

Provide policy recommendation that would mitigate the impact : Provide policy recommendations that would mitigate the impact of these risks, and explain how you would convert these policies into processes.

Ethics code for behavior analysts : You have spent the last nine weeks doing a deep dive into the Behavior Analyst Certification Board's (BACB's) Ethics Code for Behavior Analysts.

What vicious cycle occurs when negotiators are affected : What vicious cycle occurs when negotiators are affected by the self-reinforcing incompetence bias?

Explain the milestones achieved by the child : Explain the milestones achieved by the child, and any notable milestones that have not been achieved but would be expected at the childs age

Describe product or service provided by your organization : Briefly describe the product or service provided by your organization (or an organization that is of interest) that you will analyze in this course.

User Account

All Pages